5 Reasons Why Buying A Second Home Does Not Make Sense
We all know that if invested wisely, real estate can be a good investment decision. While most of us would buy a home to live in, many of us may decide to buy a second home as an investment. After all, home prices do rise, and so do rentals, and having a second home can provide financial security in the future. However, the decision is not so simple. Understanding the pros and cons of buying a second home is important.
Pros Of Buying A Second Home:
Passive income: "Investments in real estate not only provide a good capital appreciation opportunity but also provide a passive income in the form of rentals," says Vikas Wadhawan, group CFO of Housing.com, PropTiger.com & Makaan.com, real estate consultants.
